European Monetary Integration | OPEN EDUCATIONAL RESOURCES

Search by :

ALL Author Subject ISBN/ISSN Advanced Search

Last search:

Text

European Monetary Integration

Sinn, Hans-Werner - Personal Name; Widgrén, Mika - Personal Name; Köthenbürger, Marko - Personal Name;

Studies examining the policy challenges posed by European monetary integration, including asymmetry problems and fiscal concerns.The success of European monetary integration--called by the editors of this CESifo volume "one of the most far-reaching, real world experiments in monetary policy to date"--is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for countries with asymmetric business cycles and economies in different stages of development as well as with the fiscal and financial implications of a unified currency.The contributors to European Monetary Integration, all prominent economists and scholars, combine theoretical analysis and policy recommendation in their examination of these difficulties. In the first three chapters they consider issues raised by asymmetry problems, including imperfect labor and goods markets, the problem of monetary policy objectives when "one size does not fit all," and the possibility of a bias toward smaller countries in the "one country, one vote" constitutional structure of the European Central Bank. In the last three chapters, they discuss fiscal concerns, including the distribution of seignorage revenues and the interaction of European Central Bank monetary policies and asset price dynamics.OCLC-licensed vendor bibliographic record.

Availability

No copy data

Detail Information

Series Title: -
Call Number: -
Publisher: Cambridge, Massachusetts : The MIT Press., 2004
Collation: 1 online resource (xvi, 176 pages) :illustrations.
Language: English
ISBN/ISSN: 9780262283717
Classification: NONE
Content Type: text
Media Type: computer
Carrier Type: online resource
Edition: -
Subject(s): European Union countries
Monetary unions
Specific Detail Info: -
Statement of Responsibility: Edited by Hans-Werner Sinn, Mika Widgrén, Marko Köthenbürger

Other Information

Cataloger: Citra
Source: https://direct.mit.edu/books/edited-volume/4402/European-Monetary-Integration
Validator: -
Digital Object Identifier (DOI): https://doi.org/10.7551/mitpress/2848.001.0001
Journal Volume: -
Journal Issue: -
Subtitle: -
Parallel Title: -

Other version/related

No other version available

File Attachment

No Data

Comments

You must be logged in to post a comment